What’s in store for reporting season?

Financial journalist and commentator on 3AW and Sky Business

This week, the FY18 interim reporting season gets underway in earnest. Investors are very keen to see harbingers of a second straight year of robust profit growth, after the market (that is, the S&P/ASX 200 stocks) posted 12% profit growth in 2016-17 – the best performance in six years. In FY17, two-thirds of the S&P/ASX 200 companies reported rising profits.

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